203, MAG 510
Sold prices and rental history: sold twice, last in May 2024, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 203, MAG 510
What is 203 worth today?
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Source: Dubai Land Department. Updated 29 July 2024.
Key facts
- Type
- Studio apartment
- Size
- 365 sqft
- Floor
- 2nd of 6
- Parking
- G-25
- Developer
- MAG
- Completed
- 2020
- Service charge
- AED 6,600 /yr
- Last sold
- AED 400K · May 2024
- Building
- MAG 510
About 203, MAG 510
203 is a studio of 365 sqft on the 2nd floor of MAG 510, a 6-storey tower in Dubai South completed in 2020 by MAG. It last sold on 6 May 2024 for AED 400,000, or AED 1,095 per sqft, 17% above the AED 936 studios in the building were fetching at the time.
It has been rented since 2023 on 2 Ejari contracts. The current contract, signed on 29 July 2024, is AED 34,720 a year: a gross yield of 8.7% on the 2024 price, before the service charge of about AED 6,600 a year.
Sales and rents for 203 over time
203 has sold twice; the dashed line is the studio median of each year in the building.
Annual rent on each registered contract; the dashed line is the studio median of each year in the building.
Studios in MAG 510, and where 203 sits
All 60 studios →203 last sold in May 2024 at AED 1,095 per sqft, 17% above what studios in MAG 510 were fetching at the time (AED 936). Over the last 12 months studios sold for AED 440,000 to 485,000, around AED 1,253 per sqft, and rent for AED 18,975 to 54,000 a year. 203's AED 34,720 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 5 Sep 20265 September 2026 | 349 sqft | 440,000 | 1,260 | ||
| 4 Feb 20264 February 2026 | 387 sqft | 485,000 | 1,253 | ||
| 12 Jan 202612 January 2026 | 387 sqft | 478,000 | 1,235 | ||
| 23 Sep 202523 September 2025 | 410 sqft | 460,000 | 1,121 |
MAG 510
Building132 apartments, studios to 2-bed over 6 floors in Dubai South, completed in 2020 by MAG. 6 sold in the last 12 months.
- Typical price per sqft
- AED 1,213
- Typical sale
- AED 528K
- Typical rent
- AED 44K /yr
- Typical yield
- 7.7%
Other units on the 2nd floor
All 132 units in MAG 510| ValueToday's value | |||||
|---|---|---|---|---|---|
| 201 | 1-bed | 628 sqft | AED 695KAED 695,000 · Sep 2025September 2025 | 52,000 /yr | |
| 202 | Studio | 387 sqft | AED 485KAED 485,000 · Feb 2026February 2026 | 45,000 /yr | |
| 204 | 1-bed | 478 sqft | AED 425KAED 425,000 · May 2018May 2018 | 48,000 /yr | |
| 205 | 2-bed | 668 sqft | AED 497KAED 497,000 · May 2019May 2019 | 56,400 /yr | |
| 206 | 1-bed | 483 sqft | AED 450KAED 450,000 · Jul 2024July 2024 | 24,000 /yr | |
| 207 | Studio | 387 sqft | AED 475KAED 475,000 · Mar 2025March 2025 | 40,000 /yr | |
| 208 | Studio | 347 sqft | AED 377KAED 377,000 · Oct 2017October 2017 | 54,000 /yr | |
| 209 | 1-bed | 478 sqft | AED 420KAED 420,000 · Feb 2018February 2018 | 42,000 /yr | |
| 210 | 2-bed | 667 sqft | AED 450KAED 450,000 · Jul 2021July 2021 | ||
| 211 | 1-bed | 483 sqft | AED 436KAED 436,000 · Apr 2018April 2018 | 50,000 /yr | |
| 212 | 1-bed | 656 sqft | AED 480KAED 480,000 · May 2019May 2019 | 50,000 /yr | |
| 213 | 1-bed | 622 sqft | AED 468KAED 468,000 · Sep 2018September 2018 | 40,000 /yr | |
| 214 | 1-bed | 638 sqft | AED 600KAED 600,000 · Jun 2024June 2024 | 55,000 /yr | |
| 215 | Studio | 410 sqft | AED 308KAED 308,000 · Jul 2023July 2023 | 44,000 /yr | |
| 216 | Studio | 410 sqft | AED 378KAED 378,250 · Jul 2018July 2018 | 32,500 /yr | |
| 217 | Studio | 437 sqft | AED 436KAED 435,830 · Sep 2018September 2018 | 43,000 /yr | |
| 218 | Studio | 437 sqft | AED 410KAED 410,000 · Sep 2024September 2024 | 44,000 /yr | |
| 219 | 1-bed | 514 sqft | AED 462KAED 461,916 · Jun 2019June 2019 | 48,000 /yr | |
| 220 | 1-bed | 514 sqft | AED 458KAED 458,000 · Mar 2018March 2018 | 58,000 /yr | |
| 221 | Studio | 360 sqft | AED 386KAED 386,000 · May 2019May 2019 | 35,000 /yr | |
| 222 | Studio | 360 sqft | AED 374KAED 373,700 · Dec 2017December 2017 | 33,000 /yr |
203, MAG 510 in numbers
- Sold twice: first on 19 November 2017 for AED 385,000, last on 6 May 2024 for AED 400,000 (AED 1,095 per sqft).
- Rented since April 2023 on 2 Ejari contracts, from AED 26,000 to AED 34,720 a year.
- At AED 34,720 a year the gross yield on the 2024 price is 8.7%, before a service charge of about AED 6,600 a year (AED 18.21 per sqft).
- Studios in MAG 510 sold for AED 440,000–485,000 in the 12 months to November 2026; the building's median across all types is AED 1,213 per sqft.
Source: Dubai Land Department. Updated 29 July 2024.
Questions about 203, MAG 510
What did unit 203 last sell for?
AED 400,000 on 6 May 2024: AED 1,095 per sqft for 365 sqft. The unit has 2 registered sales; the first was AED 385,000 in November 2017.
What is the rent for unit 203?
AED 34,720 a year on the contract signed on 29 July 2024. The previous contract, from April 2023, was AED 26,000.
How big is unit 203?
365 sqft (33.9 sqm): a studio on the 2nd floor of a 6-storey tower completed in 2020.
What is unit 203 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in MAG 510 sold for AED 440,000 to 485,000 in the last 12 months, around AED 1,253 per sqft.
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Mortgage on 203, MAG 510
Starts from the last sale price (AED 400K, 6 May 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 400,000
- Deposit, UAE resident (20%)
- AED 80,000
- Deposit, non-resident (40%)
- AED 160,000
- Monthly over 25 years at 3.7%
- AED 1,637
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →